Section 63 Tax Audit Explained: What Replaced Section 44AB in 2026
A client called me last week and asked, “My CA says I need a Section 63 audit now — but I thought the tax audit was under 44AB?” He’s not wrong to be confused. For over four decades, Section 44AB was the go-to reference for tax audits in India. From FY 2026-27 onward, that number […]
New Income Tax Rules 2026 in India – What’s Really Changing and Why It Matters
Every few years, there’s talk about “major tax reforms.” Most people ignore it until March arrives and their CA asks for documents. But the proposed Income Tax Rules 2026 in India seem slightly different. This time, the focus is not just on changing slabs. It’s more about cleaning up the system — making it tighter, […]
